Topic: What happens to coins that peeged their ICO to Ethereum? (Read 865 times)
for tokens from ico, especially those that focus on ethereum even though the trend of bulish or altseason occurs I don't think it will grow because I think investors know what it's like to lose a large amount if they hold the tokens they invested 2 years ago and now maybe altcoin will not focus on ethereum again but on some eg stellar, eos, binance chain, tron .
So I have been thinking about this and I want to know the opinion of people too. Do the price of tokens who pegged to ethereum grow or dump with ethereum? Will these tokens rise back to their ICO tags when bullish trends return?
Ninety-nine percent of all available ICO Projects are pegged to ethereum because they are using eth erc20 smart contract, so if ETH surge in price it will make the tokens increase as well since its running on the eth blockchain but ETH still depends on Bitcoin mostly,just like every other altcoins 
Its hard to predict on new token when start listing in market. Many factor why the price fall or rising but i think mostly depend on the project and which exchanger start listing. If the exchangers is big like binance, it will increase confident for their investor
but for new coins it won't be easy to list there because the fees are very expensive unless they really partner and do IEO there, attract investors not from where the coin listing but all seen from products they developFate of those coins will depends from the full implementations of the products and from the huge support of the communities to achieved success.
usually when tokens generated from the ethereum network can grow if ethereum prices can move significantly upward. but in reality it did not happen in 2018/2019, because at present bitcoin dominates the market and does not have an impact on rising prices for ethereum, plus many cases of project fraud and this is also one of the things that affect the good fortune and bad fortune of tokens using platforom ethereum.
Its hard to predict on new token when start listing in market. Many factor why the price fall or rising but i think mostly depend on the project and which exchanger start listing. If the exchangers is big like binance, it will increase confident for their investor
but for new coins it won't be easy to list there because the fees are very expensive unless they really partner and do IEO there, attract investors not from where the coin listing but all seen from products they develop So I have been thinking about this and I want to know the opinion of people too. Do the price of tokens who pegged to ethereum grow or dump with ethereum? Will these tokens rise back to their ICO tags when bullish trends return?
Its hard to predict on new token when start listing in market. Many factor why the price fall or rising but i think mostly depend on the project and which exchanger start listing. If the exchangers is big like binance, it will increase confident for their investor
that's only for short term work of these tokens and it is only because they are being pumped and dumped and that this scheme is completely unpredictable. but the long term destination of all of them is completely clear. they are all headed down to zero and death. the only factor affecting that is their own uselessness. where they are listed won't change anything though.
That's not a news again we all know most of this coins depend on ethereum, if ethereum is growing they to if ethereum is dropping they to.
So I have been thinking about this and I want to know the opinion of people too. Do the price of tokens who pegged to ethereum grow or dump with ethereum? Will these tokens rise back to their ICO tags when bullish trends return?
Its hard to predict on new token when start listing in market. Many factor why the price fall or rising but i think mostly depend on the project and which exchanger start listing. If the exchangers is big like binance, it will increase confident for their investor
99% of ICO projects are running off erc20 blockchain and this means that if ETH surge in price and the ICO projects funds will be in massive gain but if price falls then the ICO funds is in big trouble ,only ICO projects that have there own block chain are safe
Its not a new thing that many ICO projects runs on erc20 ETH blockchain and the fact is if ETH loses its value the ICO project gains goes down as well ,don't forget that this is why many ICO projects became success in 2017 due to the almighty bullrun
The same thing happens as with the whole market; the price of the ethereum falls; the price of the project token falls; developers sell Ethereum to stay afloat, which leads to an even greater drop in price.
It is a really sad story actually, some project raise money when eth was $500 and they still not get listed, smart project are fix into fiat or usdt their raised funds, but someone not and they got -90% and now dont have money even for listing..
I think this was the major rice why the huge dump with etherium pegged tokens and ICO's, more than 90% of the ICO's that were developed under etherium contract were dumped on listing. Majority of those coins were initially listed on decentralized exchanges where the trade pairs are mostly etherium, obviously as the trade pair dumps the token dumps too
So I have been thinking about this and I want to know the opinion of people too. Do the price of tokens who pegged to ethereum grow or dump with ethereum? Will these tokens rise back to their ICO tags when bullish trends return?
If the price of ICO pegged with ETH, then there will be advantage and disadvantage later.
The team will suffer from loss value if the market dump, but will gain profit if the market pump like now.
I guess it is better to pegged in USD value, so it won't be affected by the volatility of ETH price.
If the token has a big demand, then the market starts to influence it. If the token has no demand, the market does not affect it.
It is obvious to expect the decent return for the coin if the price of the token is pegged to ETH price. Fixed price tokens are not a great idea because of the constantly changing market prices. Volatility is the double edge sword in this situation. 
So I have been thinking about this and I want to know the opinion of people too. Do the price of tokens who pegged to ethereum grow or dump with ethereum? Will these tokens rise back to their ICO tags when bullish trends return?
It still depends on the trust of the investors on those coins, I've checked my portfolio and some of them are even going down, even if the price of ethereum is going up, CCN which is a coin I am about to receive later this month is down 69% and so are many of my coins.
not all tokens will experience price increases even though the bullish trend is back because all returns to the development of the project and everyone's interest in the project, if indeed there is a lot of development it is likely to rise when the bullish trend returns 90% but if you don't have good news then don't expect anything from the project
Yes, that is what happens now with the increase that occurs in the market will not determine the increase in tokens, depending on investor interest in tokens, let us examine properly whether it is true or not with all the developments that the team has promoted, even though Ethereum has no effect very much available in the market without investors taking part in it, I agree with that a little.
If the token has a big demand, then the market starts to influence it. If the token has no demand, the market does not affect it.
That doesn't answer OP question. I think he is curious if a erc20 token price is influenced by ethereum price or not. Well, the answer should be even erc20 tokens doesn't mean they will always follow ethereum price. But indeed, they are all following Bitcoin price. Also, project development and massive marketing will push the demand on the market which affects tokens price. 
not all tokens will experience price increases even though the bullish trend is back because all returns to the development of the project and everyone's interest in the project, if indeed there is a lot of development it is likely to rise when the bullish trend returns 90% but if you don't have good news then don't expect anything from the project
So I have been thinking about this and I want to know the opinion of people too. Do the price of tokens who pegged to ethereum grow or dump with ethereum? Will these tokens rise back to their ICO tags when bullish trends return?
Some coins do well with ethereum when there's bull run. I have seen some that actually go above ethereum, ie when ethereum price is dropping they keep rising. It all depends on the project and developers.
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